Freelancer Company Limited

This paper sets out the rationale for a new categorisation of companies for tax purposes that would provide a benign environment for freelancing to flourish, and allow HMRC to focus its attention on higher risk and more fruitful areas.

The Freelancer Limited Company (“FLC”) would be a normal company formed under the Companies Act but would choose to operate under particular restrictions in order to qualify for the specific tax treatment.

Meet the author

IPSE
IPSE is the leading association for contractors, consultants, interims, freelancers and the self-employed. We strive to bring our members the most comprehensive and useful range of information and services and all the latest news about what affects your business.